|Day Lo||-||Day Hi||-|
This ETF is one of several products that offers exposure to debt of emerging markets issuers, an asset class that is often overlooked by U.S.-based investors but that has the potential to deliver attractive yields and dollar diversification. Emerging market debt generally offers higher interest rates than debt of U.S. issuers, making this fund potentially appealing to those looking to boost the amount of current income derived from their portfolios. LEMB can be used to complement positions in U.S. debt generally achieved through funds such as AGG or BND, allowing investors to diversify their debt holdings geographically. It should be noted that the Emerging Markets Bonds ETFdb Category includes both products that invest in dollar denominated debt securities and those that invest in bonds denominated in the local currency of the issuer. LEMB falls into the latter category; because the debt is issued in emerging markets currencies, this product includes exchange rate risk. A strengthening dollar will hurt LEMB's returns, while a decline in the greenback will help this fund; those looking for dollar diversification can achieve it through LEMB (or through funds such as ELD or EMLC). Those looking to avoid fluctuations caused by changes in the exchange rate might prefer EMB, which holds dollar-denominated debt. Alternative ETFs offering similar exposure include the actively-managed ELD and EMLC from Van Eck; both of those products are a bit cheaper than this fund.
The adjacent table gives investors an individual Realtime Rating for LEMB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||13.1%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||5.83%|
|1% to 2%||0.95%|
|2% to 3%||4.31%|
|3% to 4%||13.02%|
|4% to 5%||10.95%|
|5% to 6%||12.73%|
|6% to 7%||10.58%|
|7% to 8%||9.9%|
|8% to 9%||6.52%|
|9% to 10%||8.03%|
|Greater Than 10%||2.69%|
|Less Than 1 Year||0.0%|
This ETF is currently available for commission free trading on the following platforms: (Fidelity)
There are 10 other ETFs in the Emerging Markets Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of LEMB relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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